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Jennifer D'Amato

jenn.damato@gmail.com +1(203) 605-7865

$ 875,000

Est. payment | -/mo

20 Beds

6 Baths

7,320 SqFt

Save

$ 875,000

Est. payment | -/mo

Save

20 Beds

6 Baths

7,320 SqFt

Key Details

Property Type Multi-Family

Sub Type 5 Family+

Listing Status Active

Purchase Type For Sale

Square Footage 7,320 sqft

Price per Sqft $119

MLS Listing ID 24190921

Style Units on different Floors,Units are Side-by-Side

Bedrooms 20

Full Baths 6

Year Built 1909

Annual Tax Amount $13,810

Lot Size 5,662 Sqft

Property Sub-Type 5 Family+

Property Description

Multifamily investments with this level of renovation rarely come to market. This fully updated 6-unit property consists of (2) 4-bed units and (4) 3-bed units with roughly 1,200-1,220 SF each, 100% occupied on M to M leases, providing immediate cash flow with rents significantly under market for future upside. Extensively upgraded in the last couple of years, the property features remodeled apartments, new gas meters + lines, high-efficiency combi boilers, a smart water meter with automatic leak detection and shutoff, backup boilers, and tankless water heaters. The roof is approx. 7 yrs old, further minimizing capital expenditures. Additional improvements include electronic access to all apartments and basements, sprinkler systems in the basements, LED motion-sensor lighting in common areas, a comprehensive security system, a fire/emergency alarm system with direct connection to the Fire Department, and a coin/card-operated laundry room for additional income. Apartment interiors feature new cabinets, laminate flooring, updated appliances and fixtures, vinyl replacement windows, fire-rated entry doors, and keyless remote-access entry. A true turnkey investment featuring extensive capital improvements, minimal deferred maintenance, and good unit mix. Ideally situated in Waterbury's Willow Plaza/North End neighborhood, just minutes from Downtown, shopping, dining, public transportation, and convenient access to Route 8 and I-84. Can be purchased with multiple other buildings.

Location

State CT

County New Haven

Zoning RM

Rooms

Basement Full, Unfinished

Interior

Heating Hot Water

Cooling Window Unit

Exterior

Exterior Feature Sidewalk, Porch, Gutters, Lighting

Waterfront Description Not Applicable

Roof Type Flat

Building

Lot Description Sloping Lot

Foundation Masonry, Stone

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

High Schools Per Board Of Ed

Listed by Amanda Faroni-Sheehan • Oxford Realty

Nearby Locations

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Jennifer D'Amato

Broker-Associate | Lic# REB.0788209

jenn.damato@gmail.com

+1(203) 605-7865

100 Pearl St, 14th Floor, Hartford, CT, 06103

134 Chestnut Avenue Waterbury, CT 06710

Jennifer D'Amato

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

134 Chestnut Avenue